2022
Flag  
GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP
$6.19BCURRENT US$
Rnk 150 / 186
2012-2022
Flag
GDP GROWTH
114%CURRENT US$
Rnk 9 / 186
2022
Flag
GDP PC 
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC
$11,818CURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP PC GROWTH
58.7%CURRENT US$
Rnk 28 / 186

About

Madagascar-Maldives Trade: In 2022, Madagascar exported $194k to Maldives. The main products that Madagascar exported to Maldives were Vanilla ($83.7k), Refined Petroleum ($28.9k), and Knit T-shirts ($20.9k). Over the past 6 years the exports of Madagascar to Maldives have increased at an annualized rate of 53.4%, from $14.9k in 2016 to $194k in 2022.

In 2022, Madagascar did not export any services to Maldives.

Maldives-Madagascar In N/A, Maldives did not export any products to Madagascar.

In 2022, Maldives did not export any services to Madagascar.

Comparison In 2022,  Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08),  and 133 in total exports ($4.25B). That same year, Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $194k to Maldives. The main products exported from Madagascar to Maldives were Vanilla ($83.7k), Refined Petroleum ($28.9k), and Knit T-shirts ($20.9k). During the last 6 years the exports of Madagascar to Maldives have increased at an annualized rate of 53.4%, from $14.9k in 2016 to $194k in 2022.

Maldives does not register exports to Madagascar.

Exports from Madagascar (Flag) to Maldives (Flag) (2022)

Exports from Maldives (Flag) to Madagascar (Flag) (2022)

Latest Data

Trade between Madagascar (Flag) and Maldives (Flag)

Madagascar Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$756M
Maldives
Top Destination
India$488M

This map shows whether countries import more from Madagascar or Maldives. Each country is colored based on the difference in imports they receive from Madagascar and Maldives or the difference in the growth in imports.

In 2022, countries that imported more from Madagascar than Maldives included United States ($756M), France ($634M), and China ($538M).

In 2022, countries that imported more from Maldives than Madagascar included India ($488M), Thailand ($79.4M), and Oman ($14.3M).

Difference in imports from Maldives (Flag) and Madagascar (Flag) (2022)

Comparative Advantage Madagascar - Maldives

Flow
Scale

This chart compares trade between Madagascar and Maldives by product, considering products traded by both, Madagascar and Maldives.

During 2022, Madagascar had a large net trade with Maldives in the exports of Vegetable Products ($121k), Textiles ($35k), and Mineral Products ($28.9k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Madagascar and Maldives. This means that a dot/product with the flag of Madagascar indicates it has a comparative advantage over Maldives. Similarly, a dot/product with the flag of Maldives indicates it has a comparative advantage over Madagascar.

Product Space of Madagascar (Flag) and Maldives (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with